This introduction to all aspects of international economics, business and finance is the clearest guide available to the economics of the world we live in. Written in a highly engaging style, packed full of up to the minute, real world case studies and pitched at introductory level, the book does an expert job of drawing students in and will leave them equipped with a comprehensive toolkit and methods and essential facts.
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ix | |
| Preface |
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xiii | |
| Acknowledgments |
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xix | |
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UNIT I INTRODUCTION TO THE GLOBAL ECONOMY |
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1 | (56) |
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1 Understanding the Global Economy |
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3 | (30) |
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2 Comparative Advantage-How Nations Can Gain from International Trade |
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33 | (24) |
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UNIT II INTERNATIONAL TRADE: ENDURING ISSUES |
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57 | (98) |
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3 Sources of Comparative Advantage |
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59 | (30) |
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4 Regulating International Trade-Trade Policies and Their Effects |
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89 | (33) |
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5 Regionalism and Multilateralism |
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122 | (33) |
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UNIT III INTERNATIONAL FINANCE: ENDURING ISSUES |
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155 | (148) |
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6 Balance of Payments and Foreign Exchange Markets |
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157 | (45) |
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7 Exchange-Rate Systems, Past to Present |
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202 | (28) |
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8 The Power of Arbitrage-Purchasing Power and Interest-Rate Parities |
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230 | (32) |
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9 Global Money and Banking-Where Central Banks Fit into the World Economy |
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262 | (41) |
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UNIT IV CONTEMPORARY GLOBAL ECONOMIC ISSUES AND POLICIES |
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303 | (174) |
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10 Can Globalization Lift all Boats? |
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305 | (37) |
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342 | (38) |
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12 Industrial Structure and Trade in the Global Economy-Businesses Without Borders |
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380 | (35) |
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13 The Public Sector in the Global Economy |
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415 | (32) |
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14 Dealing with Financial Crises-Does the World Need a New International Financial Architecture? |
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447 | (30) |
| Glossary |
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477 | (15) |
| Index |
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492 | |
Joseph P. Daniels is Professor of Economics at Marquette University, USA. He iadn his co-author David VanHoose are also the co-authors of International Monetary and Financial Economics with Economic Applications (2004).
David VanHoose is Professor of Economics at the Hankamer School of Business at Baylor University, Texas, USA. He was previously Editor for Monetary Economics with the Journal of Economics and Business. He is the author of E-Commerce Economics, also published by Routledge.
